Orbis have advised the shareholders of Stop Start Transport Ltd on the sale of the business to Storskogen UK, a subsidiary of Storskogen Group AB for an undisclosed value.  The deal was led by Director, Steve Nock and Partner, James Grenfell with support from Senior Analyst Adam Grenfell.

Based in Worcester, Stop Start is a leading logistics, warehousing, and distribution business, specialising in high-value, fragile and difficult to move dry freight. Stop Start has become a trusted logistics partner to a national customer base of online bathroom retailers and manufacturers as a result of exceptional customer service and a strong track record for undamaged deliveries. Steve Evans will continue in his role as Managing Director of the business supported by the existing management team.

Headquartered in Sweden and listed on the Nasdaq Stockholm, Storskogen Group AB acquires and operates well-managed, profitable small and medium-sized enterprises with leading positions in their respective markets. The Group operates 105 business units with c.8,600 employees across the Nordics, Germany, Switzerland and the United Kingdom with a trailing annual turnover of c.£1.5 billion.

It was always very important for me to find the right home for Stop Start with a buyer that would maintain our core focus on providing excellent service to our customers. The Orbis team worked closely with us to prepare the business for sale over several years, identifying the ideal buyer and structuring a deal that benefited all involved. I look forward to working with Storskogen during the business’ next phase of growth.

Steve Evans, Managing Director

This deal is a great example of Orbis’ ability to support shareholders with both the long-term development of the business and their exit strategy. We are delighted to have found a long-term partner for Stop Start who will help the business capitalise on the continued growth opportunities within the D2C logistics market.

Steve Nock

Legal advice to Stop Start was provided by Andrew Cowan and William Bowler of Gateley Legal with tax advice provided by Iain Wright and Adam Keates of Claritas Tax.

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The statutory directors of Orbis Partners Ltd are Chris Gregory, James Grenfell, Gary Ecob and Shah Zaki.